Applied Technology, Inc., and Four-Star Catering are asking you to recommend their stock to your clients. Because

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Applied Technology, Inc., and Four-Star Catering are asking you to recommend their stock to your clients. Because Applied and Four-Star earn about the same net income and have similar financial positions, your decision depends on their statements of cash flows, summarized as follows:
Applied Technology, Inc., and Four-Star Catering are asking you to

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Based on their cash flows, which company looks better? Give your reasons.

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Financial Accounting

ISBN: 978-0134127620

11th edition

Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz

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